The seasonally adjusted For-Hire Truck Tonnage Index equaled 134.3 for the month, down 2.1 percent from June but up 0.3 percent compared with July 2015, following a 1.6 percent decrease the previous month, according to the American Trucking Associations.
Airfreight markets in the first six months of 2016 were “substantially weaker” than passenger markets, posting marginal 0.5 percent year-over-year growth, according to data from Airports Council International.
Container volumes in the transpacific trade between Asia and West Coast North America jumped 5.5 percent year-over-year in the first six months of 2016, while Asia-Europe volumes ticked up 1.1 percent, according to the London-based maritime consultant.
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Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd announced rate increases on several trades.
DSF said it expects intra-regional trades to grow in importance at the expense of the main east-west trades.
Truckload pricing dipped another 1.6 percent in July 2016 compared to the same 2015 period, the fifth consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.